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XRP deposits on centralized exchanges hit 11.81B amid market uncertainty, signaling potential volatility ahead.

Market News
20 Oct 2026
Zycrypto
View Source
Neutral
XRP deposits on centralized exchanges hit 11.81B amid market uncertainty, signaling potential volatility ahead.

XRP holdings on centralized crypto exchanges surged to 11.81 billion, driven largely by Binance unwinding leverage. This increase in exchange reserves suggests heightened liquidation risk, as traders move assets to exchanges possibly to hedge amid uncertain macroeconomic conditions. While some analysts see these inflows as temporary collateral moves, bears warn of potential sell-offs if institutional demand wanes. XRP currently trades at $1.33, with its market cap at $82.2 billion, and future price swings depend on large whale activity and broader market trends.

XRP is trading at Rp24.197 on Pluang with a 1-day gain of 2.99% as of Oct 21, 2026 05:41 WIB, contrasting with BNB which is priced much higher at Rp13.389.617 but rose only 1.70% in the same period. XRP's market cap stands at Rp1.511,93T, somewhat below BNB's Rp1.755,44T, while XRP's 24-hour volume of Rp31,64T surpasses BNB's Rp23,11T, indicating stronger recent trading activity on Pluang. The typical hold time for XRP is shorter at 72 days compared to BNB's 90 days, reflecting possibly more active trading or volatility in XRP amid the current market dynamics.

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